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Rio 2016 Olympics Betting Guide

With the 2016 Olympics in Rio just around the corner our nation will be looking to get behind our athletes representing the green and gold at sports highest level. Luxbet have recently released hundreds of market aimed to help you maximise your profits as you cheer on the Australian men and women striving for gold. There is great value to be found in the Rugby Sevens, Athletics and Hockey with some bets we could not look past.

Rio Olympics Rugby sevens

After Scotland did the unthinkable and delivered South Africa a heartbreaking last minute loss at the London sevens South Africa sits behind only Fiji in the world rankings. With Rio only a few weeks away South Africa will have all the motivation they need to be one of the biggest threats in the sevens competition where anything can happen.

Luxbet are offering odds of $3.25 for South Africa to take home the gold and with strike power all over the field in Tim Agaba and Rosko Specman this could be their best opportunity to knock Fiji off the number one spot. Fiji are deservedly the favourites for the competition although if South Africa can find themselves on top of a tough Pool B containing Australia, France and Spain they may very well go all the way.

Rio Olympics Athletics

Usain bolt has dominated just about every event he has competed in at Olympic level breaking countless records along the way. While Bolt remains the red hot favourite to take out the Men’s 100m gold medal with Luxbet offering odds of $1.55 expect American Justin Gatlin to make it tough for Bolt to claim his third straight 100m Olympic Gold.

Gatlin has put in some impressive performances including this year’s fastest time of 9.80 seconds and with Usain Bolt dealing with a hamstring injury, many believe Gatlin is the man to beat Bolt at Rio. Luxbet have Gatlin at $2.50 to shock the world and dethrone the world’s most electric sprinter.

While a great many believe that Usain Bolt’s time as the world’s greatest may be drawing to a close, it is impossible to look past Jamaica taking home Gold in the Men’s 4x100m relay. With names like Usain Bolt, Asafa Powell and Yohan Blake expect Jamaica to leave the others in the dust. Luxbet have been very generous to offer odds of $1.45 for Jamaica to win gold.

Rio Olympics Hockey

After an outstanding display at the 2016 Hero Hockey Championships the Kookaburra’s look in good shape to take home Gold at Rio and do their country proud. The Australian Men’s Hockey team will take a lot of confidence into the Olympic Games with recent victories over India, Korea, Belgium and Germany who took home gold at the 2012 Olympics.

Being the number one team in the world, they will no doubt be the team to beat although Netherlands are looking dangerous with some very impressive performances in recent months. The men in green and gold will be tested early on as they face medal hopefuls Great Britain and Belgium in their pool matches.

Luxbet have Australia as the favourites to win gold and have offered odds of $3.30. There is some great value in this bet due to the form the Kookaburra’s will bring into Rio. Hot on their heels are the Netherlands who are paying $4 to win although after recent victories over some top ranked teams expect the Aussies to bring the gold back to the land down under.

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